29 Apr 2013

Government's reserve bank decision will backfire, says Vanuatu opposition

12:43 pm on 29 April 2013

Vanuatu's opposition leader, Ham Lini, says the government's decision to fire the Reserve Bank Governor will backfire on them.

Mr Lini says the government's explanation that Odo Tevi has held the post for too long is not good enough when there is no qualified person to replace him.

Mr Lini says the dismissal is unwarranted because Mr Tevi is the reason Vanuatu's economy improved during the recent global financial crisis.